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Jun 16, 2013
06/13
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FBC
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it will be good for the economy. and that's why all of us have come together to try to push and get this thing done this year because every day that we wait isis a day wasted and a d that we've lost, a day that the economy won't grow. >> but tom you say the econo has nothing to do with this. >> that clip was an absolute crock. that was one of the most disingenuous things i have ever heard in my life. unions are dying. and that's the reason for this. they were at 40% of the public work force about 30 years ago. they're now at 6.%. there's 7.3 million people accordingo bls in 2012, end of to 1 2012 in unions. you'rere talking about people coming from countries where unions are prevalent. this is 100% political. there's no other way to spin this. this is a matterf survival for these unions. >> susan, you agree with that? is th about growing the enomy or growing the union base in >> this is absolutely about growing the econom if you look at who else was there at that press conference and at that white house event, it was
it will be good for the economy. and that's why all of us have come together to try to push and get this thing done this year because every day that we wait isis a day wasted and a d that we've lost, a day that the economy won't grow. >> but tom you say the econo has nothing to do with this. >> that clip was an absolute crock. that was one of the most disingenuous things i have ever heard in my life. unions are dying. and that's the reason for this. they were at 40% of the public...
SFGTV2: San Francisco Government Television
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55
Jun 17, 2013
06/13
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SFGTV2
tv
eye 55
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
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and producing economy and really requires two things from people and just outlined general form one is you need to find out the ways in which you're contributing to the this phony economy and you've got to stop doing that and you know them that simple example of that is just removing your money from these two big. fail banks and putting them into local banks and local enterprises but the other more important thing is developing a notion of economy be based on productivity and producing really means giving to the future instead of taking from it so any kind of practice that is borrowing from the future in a wasting it or consuming it now is kind of the old way and so i mean there are many ways that we can do that as a society we can begin to start sharing our resources on the local level we're going to circle lending cutting banks out we can start doing crowd funding also and beginning to use our own power in our own initiative and on creativity sharing that and developing our own modes of economy and i think that that's what the book does it first part is a critique of our present c
and producing economy and really requires two things from people and just outlined general form one is you need to find out the ways in which you're contributing to the this phony economy and you've got to stop doing that and you know them that simple example of that is just removing your money from these two big. fail banks and putting them into local banks and local enterprises but the other more important thing is developing a notion of economy be based on productivity and producing really...
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112
Jun 23, 2013
06/13
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FBC
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eye 112
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that you would change behavior by people could get anywhere they once and at is called substitutes in economi. >> indiana forces convenience stores to sell beer that is warm. >> they say if the kids see the bier in the cooler and next to the coup they then they will somehow equate the to g walking b it in the aisle when it is warm does not have the same impact. >> and then you don'tdrink it ithe car? >> people that are highly motivated to drink i don't think they will be discougednd those of patients by it ahead of time. john: with the steady what is the bottom line? >> it is certainly an improvement over prohibition but it would be better to educate to give people a choice. john: monday is okay in america andex for many is rbidden. working at the moonlite bunnyranch one o zero legal brothels america. dennis hof is her boss. >> you are a pimp. >> hava license. john: you are a licensed tampa john: sex for many or prostitution is legal in mu of the world but not america if the womanants to be paid for sex the police could locker up in reporters say this. >> tale may be the safest place the high
that you would change behavior by people could get anywhere they once and at is called substitutes in economi. >> indiana forces convenience stores to sell beer that is warm. >> they say if the kids see the bier in the cooler and next to the coup they then they will somehow equate the to g walking b it in the aisle when it is warm does not have the same impact. >> and then you don'tdrink it ithe car? >> people that are highly motivated to drink i don't think they will be...
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133
Jun 15, 2013
06/13
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FOXNEWSW
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eye 133
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economy. >> i do. you know, i think we have lost a lot of the privacy around purchasing data already. and people are comfortable with that. you know, you buy something on the internet. jonas buys a dog toy on the internet, and then all of a sudden he's saying ads for kibbles pop up. that's because they're coming through your purchasing data and they're suggesting ads to you. we've already gotten comfortable with some level of losing that privacy there. when you think about encryption, i think there could be a really strong boom in the crytion services. there are a lot of companies already starting to do this. this is what american ingenuity looks like. we see a problem, we find a way to fix it. >> john, do you think this will impact the economy for the good or bad? >> i don't think it's going to be negligible either way. facebook had a lot of problem with beacon. that was sharing users' data with advertisers so they could target certain users. that really hurt them for a time being. they got o
economy. >> i do. you know, i think we have lost a lot of the privacy around purchasing data already. and people are comfortable with that. you know, you buy something on the internet. jonas buys a dog toy on the internet, and then all of a sudden he's saying ads for kibbles pop up. that's because they're coming through your purchasing data and they're suggesting ads to you. we've already gotten comfortable with some level of losing that privacy there. when you think about encryption, i...
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Jun 19, 2013
06/13
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KQED
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eye 129
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the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support beca
the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the...
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92
Jun 18, 2013
06/13
by
CNBC
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eye 92
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one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off, slow job growth and tax and regulatory policies the two maintaining the top spot for the second month in a row. let's see some of the other ones, 11% sluggish overseas growth, overall uncertainty. asset price bubbles and declines. slow income growth, slow overall growth, and then there's negative economic commentary by the press. thought i'd throw that in there. someone did mention that. as for the overall economic outlook, really unchanged since the april survey. looking for 2.1% year over year and accelerating to 2.6% next year. tyler, not a lot of concern about
one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off,...
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Jun 16, 2013
06/13
by
CNNW
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eye 192
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up next, a world economy in turmoil. derail america's economic comeback. christine romans has answers. "your money" starts right now. >>> another week of volatility in the markets. the reason, we global unrest and uncertainty about the fed's role in propping up the economy. i'm christine romans, this is your money. from space, earth appears peaceful. take a closer look. while signs point a u.s. economy ready to take off, the rest of the world is struggling to take flight. riots in turkey. slowing growth in china. unrest over harsh cuts in greece. from extreme greed to extreme fear. concerns over
up next, a world economy in turmoil. derail america's economic comeback. christine romans has answers. "your money" starts right now. >>> another week of volatility in the markets. the reason, we global unrest and uncertainty about the fed's role in propping up the economy. i'm christine romans, this is your money. from space, earth appears peaceful. take a closer look. while signs point a u.s. economy ready to take off, the rest of the world is struggling to take flight....
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88
Jun 21, 2013
06/13
by
KQED
tv
eye 88
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there really is no american economy. what we have is a network of metro economies and they're now stepping up and doing the hard work. >> but at the same time we all know that some of the toughest economic challenges are the state and local level. >> absolutely. but the great thing about metropolitan areas is they're not just governments. you know, the federal government is a government. state governments are government, metropolitan areas are networks. and we see that these networks are finding really creative and beneficial ways. >> rose: networks between what? >> networks of different companies, different philanthropic groups, different individuals, all coming together. they have loose or tight connections. and they can fund things more-- in a more creative or interesting way. so for example, when northeast ohio needed to reinvague rates economy, it drew on a network of philanthropis. they came together and said we need to figure out how to better support manufacturing. and how to better support small and medium sized
there really is no american economy. what we have is a network of metro economies and they're now stepping up and doing the hard work. >> but at the same time we all know that some of the toughest economic challenges are the state and local level. >> absolutely. but the great thing about metropolitan areas is they're not just governments. you know, the federal government is a government. state governments are government, metropolitan areas are networks. and we see that these...
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Jun 21, 2013
06/13
by
KGO
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eye 211
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only ford gives you ecoboost fuel economy and a whole lot more. go further. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. it's time... for aveeno® positively radiant face moisturizer. [ female announcer ] only aveeno® has an active naturals total soy formula that instantly brightens skin. and helps reduce the look of brown spots in just 4 weeks. for healthy radiant skin. try it for a month. then go ahead and try to spot a spot. aveeno® positively radiant. naturally beautiful results. aveeno® positively radiant. announcer: leb
only ford gives you ecoboost fuel economy and a whole lot more. go further. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking...
126
126
Jun 19, 2013
06/13
by
KGO
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eye 126
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economy. a plot on the new york stock exchange. >> these tools have helped us. >> reporter: the fbi said that intercepted e-mail from an al qaeda leader in yemen led to this man and two other americans. they were in the initial stages of planning their attack, seven years after 9/11. >> the fbi disrupted and arrested these individuals. >> reporter: the newly-declassifieied case is 1 50 terror plots that the fbi says could not be disrupted bout the nsa spying programs. the director defended the program against criticism that they violate americans' privacy. >> i would rather be here today debating this point, than try to explain how we failed to prevent another 9/11. >> reporter: civil liberties groups say the government has gone too far and many of the still classified plots could likely have been caught another way. >> the question is not simply whether plots were disrupted. but whether to disrupt those plots we need to engage in dragnet surveillance. >> reporter: top lawmakers disagree. >> t
economy. a plot on the new york stock exchange. >> these tools have helped us. >> reporter: the fbi said that intercepted e-mail from an al qaeda leader in yemen led to this man and two other americans. they were in the initial stages of planning their attack, seven years after 9/11. >> the fbi disrupted and arrested these individuals. >> reporter: the newly-declassifieied case is 1 50 terror plots that the fbi says could not be disrupted bout the nsa spying programs....
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Jun 20, 2013
06/13
by
KRON
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eye 89
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. >> and as cnn poll shows nearly two-thirds of americans rate the current economy as before. the poll also indicates a positive trend: the number of those who rate the economy as good as ground steadily since the end of last year-up nearly 10% from last december. overall, optimism that the economy will improve is split almost down the metal. 50 percent predict they will be better off a year from now, 49 percent say things will get worse. >> if you think about starting a business, calif. just might be the state for you. according to the kaufman index of entrepreneurial activity and a list of 10 states saw more start of activity than anywhere else nationwide. here is a look of the top 5- montana, vermont, new mexico, alaska, and mississippi. coming in at no. 6 is california. in 2012, the state had a starting rate of 410 per 100,000 adults. the coffin index says that california has major advantages including a strong talent base, an estimatestablished network of venture-capital, a big consumer market, and top not to private and state research schools. a government analyst says t
. >> and as cnn poll shows nearly two-thirds of americans rate the current economy as before. the poll also indicates a positive trend: the number of those who rate the economy as good as ground steadily since the end of last year-up nearly 10% from last december. overall, optimism that the economy will improve is split almost down the metal. 50 percent predict they will be better off a year from now, 49 percent say things will get worse. >> if you think about starting a business,...
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340
Jun 17, 2013
06/13
by
WBAL
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eye 340
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it's everyday reinvesting for your personal economy. ok s o i's everyday reinvesting for your personal economy. 've been having with greek nonfat yogurt, loaded with protein 0% fat that thick creamy texture, i was in trouble. look i'm in a committed relationship with activia and i've been happy and so has my digestive system. now i'm even happier since activia greek showed up because now i get to have my first love and my greek passion together, what i call a healthy marriage. activia greek. the feel good greek. ♪ dannon i found our colors. we've made a decision. great, let's go get you set up... you need brushes... you should check out our workshops... push your color boundaries while staying well within your budget walls. i want to paint something else. more saving. more doing. that's the power of the home depot. glidden premium interior paint starts at a new lower price at $18.94 a gallon. ♪ this is the car that loves to have fun ♪ ♪ mile after mile, to and from ♪ now there are four for all to use ♪ ♪ tell the neighbors
it's everyday reinvesting for your personal economy. ok s o i's everyday reinvesting for your personal economy. 've been having with greek nonfat yogurt, loaded with protein 0% fat that thick creamy texture, i was in trouble. look i'm in a committed relationship with activia and i've been happy and so has my digestive system. now i'm even happier since activia greek showed up because now i get to have my first love and my greek passion together, what i call a healthy marriage. activia greek....
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78
Jun 19, 2013
06/13
by
KTVU
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eye 78
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. >> immigrants build the economy and build our community. it is the glory of our past and the hope for our future. >> the sisters were joined today by an interfaith group of priests and min steers as well as members of the san francisco labor council. all the nuns covered 6500 miles and stopped in 16 cities from ellis island in new york to san francisco. >>> comments from house speaker, jon boehner today, are raising new questions on whether a comprehensive immigration bill will get through congress. opposed to the bill, boehner doesn't see any way of bringing an immigration bill that doesn't have a majority support of republicans. the bill, which would give illegal immigrants a path to citizenship is being debated by the u.s. senate. >> let's get one last look at the weather here. bill, not a bad day, but it did cool off. >> yeah, temperatures bottomed out today, frank, and tomorrow they will come up a bit. as we look at tomorrow, right around the bay, looking for temperatures to be in the 50s and 60s. we have 65 degrees for a high in areas
. >> immigrants build the economy and build our community. it is the glory of our past and the hope for our future. >> the sisters were joined today by an interfaith group of priests and min steers as well as members of the san francisco labor council. all the nuns covered 6500 miles and stopped in 16 cities from ellis island in new york to san francisco. >>> comments from house speaker, jon boehner today, are raising new questions on whether a comprehensive immigration...
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137
Jun 22, 2013
06/13
by
KRON
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eye 137
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. >> pam: despite a generally improving economy, jobs remain scarce for young people looking for entry- level summer jobs. kron four's rob fladeboe has the proof now. with a look at the big turnout for a job fair in santa clara. >> reporter: the longest line at great america friday was not for the roller coaster but rather for a job, which any of these young people will tell you is a different kind of ride. one that often requires something most of them don't have. >> even the entry-level needs experience. they want to have the least six months retell experience. >> reporter: great america is looking to hire 300 people for mostly entry- level minimum wage jobs as food service workers and ride attendants. and a first job to put on that resume. >> i am always surprised that say i used to work at the park. that condition- that tradition continues year after year. >> reporter: summer jobs are hard to come by this year with returning college kids competing for jobs usually filled by younger workers. >> it is horrible. i put on the 20 online applications and none of them have called it back.
. >> pam: despite a generally improving economy, jobs remain scarce for young people looking for entry- level summer jobs. kron four's rob fladeboe has the proof now. with a look at the big turnout for a job fair in santa clara. >> reporter: the longest line at great america friday was not for the roller coaster but rather for a job, which any of these young people will tell you is a different kind of ride. one that often requires something most of them don't have. >> even the...
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74
Jun 20, 2013
06/13
by
CSPAN
tv
eye 74
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jobs and the economy. jobs and the economy. if would you put jobs and the economy in quotes and attach it to -- and then put barack obama's name in the search engine of google, or if would you put jobs and the economy in quotes and then put romney or mitt there in a search engine of google and send it off, you're going to get hundreds of thousands of hits altogether. because that was the topic of the election last november 6. jobs and the economy. jobs and the economy. and i told the romney people, aveb heard jobs and comet so many times it puts me to sleep. don't you think you're putting the american people to sleep by beating the same drum over and over again? but remembering the mantra, jobs and the economy, until we were just drubbed into numbness with it also reminds us that the election was not, mr. speaker, about the immigration issue. i don't remember a debate between barack obama and mitt romney that went into in depth or substance on the immigration issue. yet when the sun came up on november 7, some of the leading pu
jobs and the economy. jobs and the economy. if would you put jobs and the economy in quotes and attach it to -- and then put barack obama's name in the search engine of google, or if would you put jobs and the economy in quotes and then put romney or mitt there in a search engine of google and send it off, you're going to get hundreds of thousands of hits altogether. because that was the topic of the election last november 6. jobs and the economy. jobs and the economy. and i told the romney...
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101
Jun 15, 2013
06/13
by
CNNW
tv
eye 101
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there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the difference now for someone who is a millennial to think it is okay to give away these government secrets and for this intelligence? is it something that he doesn't know about the world or something that he does know about the world because of the information age we live in? >> my opinion what i've heard him say publicly makes me think he is politically about as ignorant as anybody i've ever heard and naive. >> you think he is naive. >> extremely naive. so to think that he should save the world himself by giving up confidential information or breaking the law, you know, we have 800 thousand plus people in this country wi
there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the...
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267
Jun 20, 2013
06/13
by
KGO
tv
eye 267
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the economy is expected to grow by at least 3% next year. unemployment could drop as low as 6.5% by next year. it's all looking like better news. but on the flipside, interest rates are moving higher, which means that the cost of buying a home or buying even a car could go up. so, take a look at this. every time that mortgage rates go up just 1%, the cost of buying a home gets 10% more expensive. that could deter a lot of buyers. and of course, higher interest rates, they do benefit some people like savers and retirees living off bank accounts and cds. so, it's some good news for those living on a fixed income, josh. >> indeed it is. rebecca jarvis, thank you for that. >>> we're going to turn to the firefight in the west. at last check, that fast-moving wildfire north of phoenix is 0% contained. you see pictures of it there. nearly 500 homes are threatened. and another wildfire has erupted in colorado. this one southwest of denver. those hot and windy conditions are fueling the flames. sam's forecast coming up in a bit. >>> and finally, a wi
the economy is expected to grow by at least 3% next year. unemployment could drop as low as 6.5% by next year. it's all looking like better news. but on the flipside, interest rates are moving higher, which means that the cost of buying a home or buying even a car could go up. so, take a look at this. every time that mortgage rates go up just 1%, the cost of buying a home gets 10% more expensive. that could deter a lot of buyers. and of course, higher interest rates, they do benefit some people...
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180
Jun 20, 2013
06/13
by
KGO
tv
eye 180
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>>> and why kate and william's royal baby may mean of a big boost for the economy. that is tonight. >>> from washington, this is "nightline," with terry moran. >>> good evening everyone, the day the soprano's pilot first aired, the day james gandolfini became a household name. well, today is the day we lost that vanguard forever. >> reporter: sometimes an actor finds a role that just connects. the role of a lifetime. james gandolfini, who died suddenly today at 51 was tony soprano. for 86 episodes over six seasons on hbo, gandolfini seared america's eyeballs with the portrayal of the man capable of staggering violence. with news of an apparent heart attack while he was in italy, the world has lost not only a very talented actor but also a cultural icon. but success was a long time coming for gandolfini. >> i had such anger, when you're young, a lot of people have anger, you're pissed, you're not sure why. that is probably why you are all sitting here. you want to express something, you don't know what it is. >> reporter: gandolfini began his career playing cold-hear
>>> and why kate and william's royal baby may mean of a big boost for the economy. that is tonight. >>> from washington, this is "nightline," with terry moran. >>> good evening everyone, the day the soprano's pilot first aired, the day james gandolfini became a household name. well, today is the day we lost that vanguard forever. >> reporter: sometimes an actor finds a role that just connects. the role of a lifetime. james gandolfini, who died suddenly...
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46
Jun 19, 2013
06/13
by
CSPAN2
tv
eye 46
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this government is by the bank of england in charge of recruiting credit in our economy. instead what we ought to be getting from him is an apology and a thank you for clearing up the mess they made. [shouting] >> sir edward lee. >> may i say to the prime minister occasionally one should be grateful, so -- [laughter] may i warmly commend him for being the first conservative prime minister ever to commit to a referendum on europe, and for leading a government that is done more than any other government to tackle welfare dependency, to reduce immigration and to bring in academies. thereby showing that -- popular and ride all the same time. [shouting] >> can i thank my honorable friend for his question, and can i on behalf of everyone in the house congratulate him on his richly deserved night it. >> here, here. >> yes, sir. dden is how so many decades and he also served in the vital role of overseeing the public accounts committee which is such important work in our parliamentary system. i am grateful what he says about the referendum and i would urge all college to come to
this government is by the bank of england in charge of recruiting credit in our economy. instead what we ought to be getting from him is an apology and a thank you for clearing up the mess they made. [shouting] >> sir edward lee. >> may i say to the prime minister occasionally one should be grateful, so -- [laughter] may i warmly commend him for being the first conservative prime minister ever to commit to a referendum on europe, and for leading a government that is done more than...
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164
Jun 18, 2013
06/13
by
CNNW
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eye 164
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ >>> our second story "outfront," held captive in ohio. so for the second time if two months we're hearing people being held captive against their will in ohio. this time, a woman and child allegedly held for two years. according to federal authorities, the disabled woman and her daughter were allegedly held in an apartment in ashland, ohio, where they were forced t
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from...
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22
Jun 20, 2013
06/13
by
CNBC
tv
eye 22
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fo .4 of a percent is still way over the growth of economy. this is still a very unattractive rate on treasury securities here. >> of course, it is. but where is it historically? >> dividends are increasing 10 to 15% a year with yields that are now 2, 2.5%. i think that's a winning combination. >> schree? >> i would say in ten years it looks like a significant point to change right now. i look in the sharp term to have a deflation. that's what you're getting in terms of prices. so a 2.4% yield on the ten-year is an extremely attractive yield to go into. and so it doesn't become unattractive until you're well below 2%, so i would say the time to switch is today. >> can i just end this really quickly on a completely different topic, but it does tie into monetary policy. schree, i believe for the first time ever and now on national tv, you have switched and you're now a buyer. >> i am now a buyer. i accept from 2011, i said don't buy gold before it goes to 1300. again, it was a lonely call. there was nobody going with it. but now that we have gon
fo .4 of a percent is still way over the growth of economy. this is still a very unattractive rate on treasury securities here. >> of course, it is. but where is it historically? >> dividends are increasing 10 to 15% a year with yields that are now 2, 2.5%. i think that's a winning combination. >> schree? >> i would say in ten years it looks like a significant point to change right now. i look in the sharp term to have a deflation. that's what you're getting in terms of...
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market. >> what they're doing is, quantitative easing is printing of money, putting more money in the economy, and the government spends a lot more money and allows the private sector to get its legs back under it. the government takes over when the people can't, and then when the private sector gets its legs under it, the government backs off. hasn't happened. >> the feds have been trying to push interest rates down and stimulate borrowing and lending. the fed has kept saying, okay, we acknowledge we're sort of printing money but we think weeing pull that money back when the time comes. and that's not the issue. the hirsh here, number one, this is a market overreaction to what bernanke, the chairman of the fed, actually said yesterday. he did not say we're going to stop this program. he didn't even -- the program didn't even change. these were in the nuances of the wording that suggested the program might begin to be curtailed sooner than expects and on the markets we're seeing some profit-taking, some selling. analysts have been predicting this would happen a while, 5 or 10 correction. and
market. >> what they're doing is, quantitative easing is printing of money, putting more money in the economy, and the government spends a lot more money and allows the private sector to get its legs back under it. the government takes over when the people can't, and then when the private sector gets its legs under it, the government backs off. hasn't happened. >> the feds have been trying to push interest rates down and stimulate borrowing and lending. the fed has kept saying,...
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. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those chickens come home to roost and forget about the 3% growth. we'll have 1% growth if we're lucky. >> steve: we probably have 3% growth because of this printing of the money. >> right. >> steve: i know you don't think it will happen any time soon. but if it did happen next month what, would happen? >> if he stopped printing money next month, the market would go down to 12,000. i've been on tho thank show and i said if he keeps printing money, there is no stopping it. >> steve: you say 20,000? >> if he keeps printing, dow 20,000 in the next couple years is feasible. but
. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those...
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Jun 19, 2013
06/13
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. >> reporter: the city says it will boost their local economy and create nearly 1000 jobs. the a's ownership is not part of the ownership is not part of the is not part of the suit. they say that they are open for other options. >> i think of 13 other cities will find ways a good home. >> reporter: ring kelly kron 4 news. >> reporter: sports fans throughout the fan page. we'll be reading some of the >> i am not going to get into what san jose is doing but i want to emphasize that they have lawsuits and we have sites and are not sure that san jose has a site at this point. but we are ready to go. our fans are ready and we have a home for the '80s. for the '80s. a'as >> catherine: the naked man who harassed people at a san francisco bart station last month was in court today. the incident was caught on camera. you can see yeiner perez's naked rampage. perez is facing charges including sexual battery and false imprisonment. >> catherine: police arrested him yesterday. he's being held on 100-thousand dollars bail. coming up at eight -- kron4's j-r stone has the latest on the ar
. >> reporter: the city says it will boost their local economy and create nearly 1000 jobs. the a's ownership is not part of the ownership is not part of the is not part of the suit. they say that they are open for other options. >> i think of 13 other cities will find ways a good home. >> reporter: ring kelly kron 4 news. >> reporter: sports fans throughout the fan page. we'll be reading some of the >> i am not going to get into what san jose is doing but i want...
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which is the the normal side of things in a healthy economy and the deadly side of things when you have a cancer like an asset bubble this is going to cause that's meaning that demands exceeds income when you start having this decline in people liquidating the debt then demand is less than income and the economy can go into a permanent slump and that's again this is japan does cameron want to britain into another japan it looks like with this policy he does without even knowing that he's doing it which is why is it that we must buy certain saudis brian. steve came chancellor of the exchequer george osborne says he wants to reduce debt in britain while simultaneously line thing help the bison which is an increase in debt so my simple question is is the chancellor lying i think the chancellor like most politicians is focusing on the level of government debt not on the level of household and profit and i think that's the real problem the cause of this process was an out of control private banking sector lending to the private sector to encourage it to speculate on assets even though it may
which is the the normal side of things in a healthy economy and the deadly side of things when you have a cancer like an asset bubble this is going to cause that's meaning that demands exceeds income when you start having this decline in people liquidating the debt then demand is less than income and the economy can go into a permanent slump and that's again this is japan does cameron want to britain into another japan it looks like with this policy he does without even knowing that he's doing...
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economy do you think steve game well i think it's one of somebody's going to do first of all is drag people into the market who wouldn't otherwise be able to get in there and what that does is it increases the supply. so i call it and it's not helped to help to guide silk to sell because the people who are on the float their properties suddenly get a whole new bunch of people in there with money in their pockets and the money in the pockets comes from two sources not just from the government handing out money to people and saying his five percent or twenty percent of thing is some cases and spend it plays they don't go to the banks and the banks leave that up even more all and if the banks stayed at the sort of money we know that they lock to do you know ninety five percent lead to valuation ratios and things like that they might multiply that money by a factor of four or five that does boost the whole economy it is more cash in circulation it's more demand it does drive up as it crosses and people who sell their houses can go shopping for them as ideas benz's and and so on so it doe
economy do you think steve game well i think it's one of somebody's going to do first of all is drag people into the market who wouldn't otherwise be able to get in there and what that does is it increases the supply. so i call it and it's not helped to help to guide silk to sell because the people who are on the float their properties suddenly get a whole new bunch of people in there with money in their pockets and the money in the pockets comes from two sources not just from the government...
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Jun 19, 2013
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nobody expects they're going to stop pumping money into the economy but we know they're going to do it at some point but wall street is going to be reading between every line to get a sense of timing and nuance. rbc capital markets put it this way the markets will be looking for a distinction between applying less pressure to the gas pedal and hitting the brake. it's that balance that ben bernanke is trying to get right. and meanwhile there's speculation about who's going to succeed mr. bernanke. in an interview with charlie rose president obama said bernanke has already stayed a lot longer than he wanted or he was supposed to. ben bernanke's made no secret of the fact he wants to go home. >>> it has been 684 days since u.s. lost its top credit rating. what are we doing to get it back? there is more good news on housing. the government report shows the pace of home building rose 7%. >>> our fourth story "outfront" evidence mounting tonight against ex-mob boss james known as whitey bulger. prosecution star witness and former hit man john martorano took the stand again today. for the fir
nobody expects they're going to stop pumping money into the economy but we know they're going to do it at some point but wall street is going to be reading between every line to get a sense of timing and nuance. rbc capital markets put it this way the markets will be looking for a distinction between applying less pressure to the gas pedal and hitting the brake. it's that balance that ben bernanke is trying to get right. and meanwhile there's speculation about who's going to succeed mr....
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Jun 19, 2013
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and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in the 60s. next couple of days, here comes summer! and we are going to warm things up through saturday. cool it back down on sunday. >>> we'll get a final check of the bay bridge toll plaza where it is a busy morning stacked up into the maze but probably your slowest drive time is the westbound 580 ride through livermore. >> all right. remember, we'll give you another update on that bridge collapse in mesa, arizona. you can also keep updated on our website, kpix.com. thanks for watching kpix 5 news this morning. remember, your next local update is 7:25. >> "cbs this morning" is coming
and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in...
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Jun 19, 2013
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now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states illegally? >> reporter: the central tension to watch in this bill is between getting those undocumented workers passed towards citizen-and what house conservatives and all conservatives worry about, which is strong enforcement to keep illegal immigrants from coming into the country. that's what this bill aims to do. and as we see, the larger bill go through, the question is will those strict house measures kill a final comprehensive immigration reform or will the republicans find a way to work some of them into this bill so that it can pass? >> i want to turn now to hillary cli
now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states...
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does, which is track the economy, because corporate profits are so linked to the economy. interest rates are spiking. you've seen that in mortgages. for people at home if you have a mortgage and you're looking at buying a home or able to do the refinancing, you want to seize the moment before interest rates start to move sharply higher. >> andy, what do you make of the fact that interest rates are up and the place of gold has plummeted? >> you have to look at yesterday as a turning point and we've been waiting for this for years. the fed has been injecting $2.5 trillion cumulatively into the market since 2008. five years. we kept waiting. at some point they're going to turn and say go on your own, we'll take the training wheels off and you guys can do it on your own. gold, people were speculating that this was a safe harbor. now that the u.s. economy perhaps is doing better, selling off gold, the dollar is rising, there's all sorts of turmoil on the markets right now. of course the stock market and interest rates are the two big ones for people watching at home. >> lastly,
does, which is track the economy, because corporate profits are so linked to the economy. interest rates are spiking. you've seen that in mortgages. for people at home if you have a mortgage and you're looking at buying a home or able to do the refinancing, you want to seize the moment before interest rates start to move sharply higher. >> andy, what do you make of the fact that interest rates are up and the place of gold has plummeted? >> you have to look at yesterday as a turning...
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the signal that is being sent out from this country is that basically we are modeling the american economy on europe and it is a failed model. doesn't work. there is no way you can have the deficits we have had and have the debt we are incurring without sending out a signal to the world that this country is not going to be what it was in the past. there is no way you can do that. if you are not going to act responsibly people take that message and they see it and then you turn around and when i went to washington eisenhower was president. i came out of the navy and served during kennedy, johnson and congress, we were spending 10% of gross domestic product on defense. today we are spending less than 4%. our allies in europe are spending less than 2%. the signal that goes out before the sequestration is we cut $493 out of the pentagon defense budget and we are about to cut another half a trillion which brings it close to $950 billion out of the ten year budget. the signal to the world is the united states is not going to be in position to contribute to a more peaceful and stable world in the
the signal that is being sent out from this country is that basically we are modeling the american economy on europe and it is a failed model. doesn't work. there is no way you can have the deficits we have had and have the debt we are incurring without sending out a signal to the world that this country is not going to be what it was in the past. there is no way you can do that. if you are not going to act responsibly people take that message and they see it and then you turn around and when i...
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economy. it's like when the fed used to have an interest rate where they could go one percent and cut another half percent. this is a move like one percent to half percent cuts. the calibration of policy that is making it difficult for people to understand, i think it's like watching the sausage being made. too much information and too much uncertain stay. that said, this is a fed that's also given us an insurance policy. if the economy were to falter, they would increase again if they had to their purchases of large scale as purchase of treasury bonds and mortgage backed securities. >> diane, what do you make of these trends, gold prices going down and interest rates rising. what do you make of that? >> i think they go in contrast to what people would think. we do have inflation decelerating. the gold buy had been one where people were trying to protect themselves somehow by buying gold like my grandmother did when she sewed it into her clothes coming to ellis island. this is an idea that inf
economy. it's like when the fed used to have an interest rate where they could go one percent and cut another half percent. this is a move like one percent to half percent cuts. the calibration of policy that is making it difficult for people to understand, i think it's like watching the sausage being made. too much information and too much uncertain stay. that said, this is a fed that's also given us an insurance policy. if the economy were to falter, they would increase again if they had to...
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when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to happen as soon as the end of 2014 or maybe early '15. that's sooner than the last time they made an announcement. so they are sort of whispering that america is coming back. that the economy is starting to come back. you might not feel it yet, but you should in the next year. >> i think so many people are ready for more than whisper. we are trying to be patient. christine romans and rana, thank you both so much. >>> coming up, a chilling case that has one community in shock. and a family torn apart. a 5-year-old girl, 5, found dead. police say he
when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to...
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Jun 21, 2013
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. >> reporter: investors say the storm is in part because of some good news about the economy. last month, employers added 175,000 new jobs, with unemployment expected to fall below 7% next year. existing home sales are also picking up, posting their best month in 3 1/2 years. but recovery from recession, means the federal reserve could pull back on its stimulus program, which has pumped billions into the system to help drive growth. >> our economy is getting better. and now, it's time to see how we can do it on our own. >> reporter: the potential shift by the fed has shaken some investors, who fear the economy is not as strong as it seems. some worry that record-low interest rates could disappear. already mortgage rates have climbed above 4% for the first time in a year. market watchers say the volatile week is a sign of coming to terms with the new reality. >> once we get through that period, i think we're going to realize that we're going to be okay and things are going to get back to normal. >> reporter: financial advisers say the best advice for average investors is not to
. >> reporter: investors say the storm is in part because of some good news about the economy. last month, employers added 175,000 new jobs, with unemployment expected to fall below 7% next year. existing home sales are also picking up, posting their best month in 3 1/2 years. but recovery from recession, means the federal reserve could pull back on its stimulus program, which has pumped billions into the system to help drive growth. >> our economy is getting better. and now, it's...
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Jun 17, 2013
06/13
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they're also likely to talk about the economy and the possible trade deal between the u.s. and europe and very likely to talk about security, especially in light of the new allegations against the nsa, looking into our phone records and e-mails and new allegations that great bit tan did the same thing with delegates to the g-20 conference back in 2009. lots going on here today as the g8 gets under way. >> thank you, tracie. >>> on capitol hill it's possible the supreme court could rule on prop 8, california's ban on same-sex marriage. the judge is expected to release their decisions on a number of cases today. we'll issue rulings every monday this month and in some cases also do it on thursdays. analysts say it's most likely the ruling on prop 8 will not come at least until next monday. >>> 5:43. new this morning, apple releasing new details about what the federal government wanted to know about the cupertino company's customers. apple says between december of last year and may of this year, the government issued between 4,000 and 5,000 requests for customer data. the state
they're also likely to talk about the economy and the possible trade deal between the u.s. and europe and very likely to talk about security, especially in light of the new allegations against the nsa, looking into our phone records and e-mails and new allegations that great bit tan did the same thing with delegates to the g-20 conference back in 2009. lots going on here today as the g8 gets under way. >> thank you, tracie. >>> on capitol hill it's possible the supreme court...
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Jun 21, 2013
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bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in measured steps through the first half of next year. >> reporter: on wednesday, bernanke said a pullback on $85 billion worth of bond purchases made each month could begin by the end of this year. >> this is a natural correction we've been looking for. >> reporter: china is the world's second largest economy. it's work on its own issues. chinese banks are making it more difficult to lend cash. as credit tightens chinese consumers are spending less on goods from the west which weakens other economies in the process. the stimulus ending and china's slowing combination has inve
bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in...
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but chairman bernanke made it clear the fed could change its plans if the economy suffers any setbacks. home buyers might not like today's fed news, but for savers that suffered with low rates the last couple years, it could come as welcome relief. chris? >> thank you, peter. >>> there was plenty for the tea party to be mad at today. more than a thousand tea partiers gathered outside washington. a republican senator said the irs is set to pay $70 million in bonuses in defiance of a presidential order. mike emanuel tells us some people want to turn the tables on the tax man. >> reporter: on the west lawn of the capitol, more than a thousand tea party supporters and allies in congress called for the irs to be audited after conservative groups seeking tax exempt status received extra scrutiny. >> for targets of the irs, time to reverse it and target the irs. we're going to do it by dismantling the irs piece by piece. we are going to throw it overboard like a box of british tea. >> reporter: lois lerner, the irs official on paid leave after refusing to resign took heat for her role in targ
but chairman bernanke made it clear the fed could change its plans if the economy suffers any setbacks. home buyers might not like today's fed news, but for savers that suffered with low rates the last couple years, it could come as welcome relief. chris? >> thank you, peter. >>> there was plenty for the tea party to be mad at today. more than a thousand tea partiers gathered outside washington. a republican senator said the irs is set to pay $70 million in bonuses in defiance of...